If Pat can produce a good or service at a lower opportunity cost than Chris can,then

Question

Quizplus · Accepted Answer

When Pat can produce a good or service at a lower opportunity cost than Chris, it means that Pat can produce a greater quantity of that good or service compared to Chris, given the same resources and time. This is what is meant by having a comparative advantage. Therefore, the correct answer is A, Pat has a comparative advantage in producing the good or service.

If Pat Can Produce a Good or Service at a Lower